Nifty waiting for a long correction.
Updated
Nifty has formed a head and shoulders.
If the neckline is broken then expect a good fall in Nifty.
Bulls will try to give a recovery but does not look like it will be long one.
Keep a watch on neckline.
Play safe and Happy trade :)
Note: Views only for educational purpose. Consult your financial advisor before any trade.
If the neckline is broken then expect a good fall in Nifty.
Bulls will try to give a recovery but does not look like it will be long one.
Keep a watch on neckline.
Play safe and Happy trade :)
Note: Views only for educational purpose. Consult your financial advisor before any trade.
Note
Neckline breached and going strong downtrend.Note
If 11090 breached in 1 hr then it will head for 10900.Note
I see a short term pullback in Nifty if global market end positive today.....so keep a tab on US market.Trade closed: target reached
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.